The South Korean shipbuilder recorded a net profit of 682.3 billion South Korean won for 2016, up from a loss of 1.36 trillion won for 2015.
TRENDSPOTTING AT NYNOW GIFT SHOW
NYNOW’S Fall/Winter edition wrapped up yesterday at the Javits Center and there were definite macro trends to be found, many of which can spill over into accessories. We did some trendspotting and found some amazing things–some wearable, some for the home. Come take a peek: CHUNKY KNITS & ROPES From …
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WORDS OF WISDOM FROM AN INDUSTRY GURU
How is retail changing and where is it going? This was the subject of a recent presentation at a Retail Marketing Society luncheon. For the past half century, Simon Graj has had a passion for retailing and marketing, working with Mickey Drexler and oth…
Rodolphe Saadé named CEO of CMA CGM Group
On the occasion of his 80th birthday, Jacques Saadé the founder of CMA CGM, appointed his son to run what is the world’s third largest container carrier.
Commentary: Comparing and contrasting India, China
Taneli Ruda, head of ONESOURCE Global Trade, has examined the economies of China and India, along with an economic outlook for both countries.
‘Transit cargo’ moving to U.S. important to Canadian economy
Canadian International Freight Forwarders Association (CIFFA) Executive Director Ruth Snowden said trade is an important source of jobs for the country.
Report: Yang Ming raises $54m in private share sale
The Taiwanese ocean carrier has sold 161 million new shares to the state-run National Development Fund, Taiwan Navigation and a handful of unnamed institutional investors, according to multiple media reports.
AP: Panama Canal still suffering from growing pains
Since the opening of the Central American waterway’s expanded third lane, roughly 2 percent of vessel transits have resulted in incidents that damaged the ship or the canal locks themselves, according to a recent report from the Associated Press.
Executive Moves: Iptor Supply Chains Systems and PayAnyBiz
Iptor Supply Chains Systems names new chief financial officer, while PayAnyBiz hires executive vice president of sales and marketing.
Xeneta secures second funding round
The Oslo, Norway-based freight rate benchmarking platform secured $12 million in a Series B investment round to expand sales and product development.